Bombardier Inc. (OTCMKTS:BDRBF) Receives Consensus Rating of “Hold” from Analysts

Shares of Bombardier Inc. (OTCMKTS:BDRBF) have earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $263.00.

Several equities research analysts have commented on BDRBF shares. The Goldman Sachs Group cut shares of Bombardier to a “neutral” rating in a research report on Tuesday, October 7th. National Bankshares reiterated an “outperform” rating and set a $263.00 target price on shares of Bombardier in a report on Tuesday, December 2nd. BMO Capital Markets restated an “outperform” rating on shares of Bombardier in a research note on Wednesday. Scotiabank lowered Bombardier from an “outperform” rating to a “sector perform” rating in a research report on Wednesday. Finally, Zacks Research upgraded Bombardier to a “hold” rating in a research note on Tuesday, December 16th.

Bombardier Stock Performance

Shares of BDRBF opened at $194.27 on Friday. Bombardier has a 12 month low of $45.63 and a 12 month high of $200.00. The firm has a fifty day simple moving average of $169.40 and a 200 day simple moving average of $141.80.

Bombardier Company Profile

Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.

The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.